AIG

AIG Announces Early Results and Upsizing of Its Tender Offer for Debt Securities

Retrieved on: 
Tuesday, November 21, 2023
Insurance, Professional Services, Telephone, Security (finance), Mini-tender offer, Date, Tender offer, Nature, Acceptance, Accrued interest, SMBC Nikko Securities, AIG, Personal Information Agent, FX, BNP Paribas, BofA Securities, Settlement, Interest, News, Cryptocurrency

(1) As reported by Ipreo LLC, the Information Agent and Tender Agent in connection with the Tender Offer.

Key Points: 
  • (1) As reported by Ipreo LLC, the Information Agent and Tender Agent in connection with the Tender Offer.
  • Pursuant to the terms of the Tender Offer, AIG will accept for payment up to the Tender Cap Securities validly tendered and not validly withdrawn as shown in the table above and in accordance with the Acceptance Priority Levels.
  • Because the aggregate purchase price of the Securities validly tendered at or prior to the Early Participation Date exceeds the Tender Cap, AIG does not expect to accept any further tenders of Securities.
  • Securities that have been validly tendered and not validly withdrawn at or before the Early Participation Date and are accepted in the Tender Offer will be purchased, retired and canceled by AIG on the Early Settlement Date.

Bectran Appoints Nerissa Naidu and Jay Readey to its Board of Directors

Retrieved on: 
Friday, November 17, 2023
Professional Services, Data Analytics, Technology, Software, Finance, Fintech, Accounting, JD, Bush, Durban University of Technology, Yale school, Advisory board, Yale College, AIG, Barry Posner (leadership scholar), MBA, Accenture, Housing, Yale Law School, Growth, Knowledge, Fed, Yale School of Management, ESG, Management

Bectran , Inc., the industry leader in innovative, cutting-edge technology for credit, collections and accounts receivable management, is pleased to announce the appointment of Nerissa Naidu and Jay Readey to its Board of Directors.

Key Points: 
  • Bectran , Inc., the industry leader in innovative, cutting-edge technology for credit, collections and accounts receivable management, is pleased to announce the appointment of Nerissa Naidu and Jay Readey to its Board of Directors.
  • Bectran has made these strategic appointments to strengthen its board governance, with a focus on growth and technological innovation in forthcoming years.
  • Nerissa Naidu has served as a board member to multiple businesses globally over the last 6 years.
  • I am looking forward to amplifying innovation as a basis for its accelerated expansion, while supporting the board in developing robust corporate governance,” said Nerissa Naidu.

AIG Appoints Roshan Navagamuwa as Executive Vice President and Chief Information Officer

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Insurance, Finance, American International Group, NYSE, Engineering, CVS Health, Multimedia, International Marxist Group, CIO, AIG, EVP, COVID-19, Senior advisor, Lead, Pharmacy benefit management, Health, Aon Hewitt, Management

American International Group, Inc. (NYSE: AIG) today announced that Roshan Navagamuwa will be joining AIG in December and has been named EVP and Chief Information Officer, effective January 1, 2024.

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that Roshan Navagamuwa will be joining AIG in December and has been named EVP and Chief Information Officer, effective January 1, 2024.
  • Mr. Navagamuwa will report to Peter Zaffino, AIG Chairman & Chief Executive Officer, and serve on AIG’s Executive Leadership Team.
  • Mr. Zaffino said: “Roshan is an accomplished technology executive with an impressive track record of innovating software development and managing through complex organizational change.
  • I look forward to working with Peter and the collaborative world-class team he has assembled to employ technology that enables AIG’s innovation, disciplined execution and operational excellence.”
    Mr. Navagamuwa joins AIG from CVS Health (NYSE: CVS), where he was Executive Vice President and Chief Information Officer.

Insurance Solutions Provider Orion180 Names 4 to Leadership Team

Retrieved on: 
Tuesday, November 14, 2023
Apps, Applications, Technology, Insurance, Finance, Fintech, Professional Services, Software, Data Analytics, Data Management, Kobe University, Associate, Record, ARM, Personal, LexisNexis Risk Solutions, Rhode Island College, WTW, ERM, University, Commercial, Risk, Equitable, Are, Florida Army National Guard, Utica National Museum, Crosier, University of Massachusetts Dartmouth, AIC, Doctor of Philosophy, Marketing, Liberty Mutual, AIG, Army, Chartered Property Casualty Underwriter, Citizens Insurance, Liability (financial accounting), SVP, Growth, AIDA, API, CPCU, University of Hartford, Risk management, Management

They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.

Key Points: 
  • They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.
  • “These appointments signal our preparedness to compete in multiple lines of personal and commercial insurance as we look to expand nationally.”
    Mohammad Javanbarg, SVP of specialty risk, joined Orion180 to customize and enhance Orion180's view of modeled and non-modeled catastrophe risks, and develop innovative specialty insurance solutions.
  • Malcolm Tsung, VP of product management, commercial lines, joined Orion180 to spearhead the development of Orion180’s commercial lines products.
  • Before joining Orion180, at LexisNexis Risk Solutions, he served as director, commercial insurance vertical.

Markel appoints Lisa Mitchell as Head of Claims in Australia

Retrieved on: 
Monday, December 18, 2023
MKL, AIG, Lead, NYSE, Insurance, Financial risk, Head, Indemnity, Markel Corporation

MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.

Key Points: 
  • MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.
  • Mitchell joins Markel from AIG, where she spent more than 10 years as a claims specialist, most recently as Technical Lead, Financial Lines.
  • With over 20 years' experience working in global insurance organisations in the UK and Australia, Lisa brings deep expertise managing high value and complex claims.
  • Chris O'Shea, wholesale claims director, said, "Lisa's expertise in claims handling is a valuable addition to Markel in Australia.

Markel appoints Lisa Mitchell as Head of Claims in Australia

Retrieved on: 
Monday, December 18, 2023
MKL, AIG, Lead, NYSE, Insurance, Financial risk, Head, Indemnity, Markel Corporation

MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.

Key Points: 
  • MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.
  • Mitchell joins Markel from AIG, where she spent more than 10 years as a claims specialist, most recently as Technical Lead, Financial Lines.
  • With over 20 years' experience working in global insurance organisations in the UK and Australia, Lisa brings deep expertise managing high value and complex claims.
  • Chris O'Shea, wholesale claims director, said, "Lisa's expertise in claims handling is a valuable addition to Markel in Australia.

Inbenta Appoints Merlin Bise as Chief Technology Officer

Retrieved on: 
Thursday, December 14, 2023
American Red Cross, Equifax, Creativity, PNC Financial Services, Fraud, Bise, AIG, CX, Inbenta, Quicken, OCR, Walmart, LSEG, PayPal, Sales, Costco, Merlin, Intuit

DALLAS, Dec. 14, 2023 /PRNewswire/ -- Inbenta, a conversational AI platform designed to optimize customer experience, today announced the appointment of Merlin Bise as Chief Technology Officer, effective January 1, 2024.

Key Points: 
  • DALLAS, Dec. 14, 2023 /PRNewswire/ -- Inbenta, a conversational AI platform designed to optimize customer experience, today announced the appointment of Merlin Bise as Chief Technology Officer, effective January 1, 2024.
  • Bise joins Inbenta from GIACT Systems (an LSEG business), which he co-founded and served as Group Director, Head of Technology Digital Identity & Fraud.
  • "The addition of Merlin as Chief Technology Officer will be a crucial component in transforming both our product roadmap and technology stack, which will further advance our suite of conversational AI products with new solutions."
  • "We've seen AI completely revolutionize the future of customer experience by intelligently automating internal operations, from answering customer inquiries to providing 24/7 support and engagement," said Merlin Bise, Chief Technology Officer at Inbenta.

Chubb Appoints Federico Spagnoli to Lead Consumer Lines for its International General Insurance Operations

Retrieved on: 
Tuesday, December 12, 2023
Prudential Financial, Spagnoli, Chartered Property Casualty Underwriter, Insurance, Postgraduate diploma, Federico, Chubb Limited, Region, AIG, Health, Chubb, MBA, University, Growth, CPCU, Airline

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations. He joins Chubb from Prudential Financial, where he served as Chief Executive Officer of Fully Ecosystem, a wellness fintech venture. In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Chubb today announced that Federico Spagnoli has been appointed Division President, Consumer Lines for Overseas General Insurance, the company's international general insurance operations.
  • In his newly created role, which is effective January 15, 2024, Spagnoli will have responsibility for Chubb's consumer lines in 51 countries and territories.
  • Chubb's international consumer lines comprise a broad range of personal property and casualty insurance products as well as personal accident, supplemental health and travel insurance.
  • Spagnoli will report to Juan Luis Ortega, Executive Vice President, Chubb Group and President, Overseas General Insurance.

Hot Chili Materially Improves Option Terms for Costa Fuego Coastal Copper Hub in Chile

Retrieved on: 
Thursday, December 7, 2023
Social, MRE, PEA, Disclosure, Hot Chili, Mineral, Technical report, AG, AIG, National Instrument 43-101, Growth, Mineral Resources Limited, Copper, Multimedia, Person, Partners for Community Impact, Molybdenum, Public expenditure, Mineral resource estimation, National instrument, Meal, Ready-to-Eat, Metallurgy, CIM, Resource, GAC, Guideline, Definition, News, Project, Competent person, Silver, Annual report, Society, TSX Venture Exchange, Exercise, Reserve, Table, MAIG, Mining, Security (finance), Cryptocurrency, Audit, Online shopping, Uranium mining, Productora de Software, Petroleum, Cortaderas, Frontera, Option

Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.

Key Points: 
  • Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.
  • Refer to ASX Announcement "Hot Chili Delivers Next Level of Growth" ("Resource Announcement") for JORC Code Table 1 information related to the Costa Fuego Resource Estimate (MRE) by Competent Person Elizabeth Haren, constituting the MREs of Cortadera, Productora and San Antonio (which combine to form Costa Fuego).
  • Hot Chili confirms it is not aware of any new information or data that materially affects the information included in the Resource Announcement and all material assumptions and technical parameters stated for the Mineral Resource Estimates in the Resource Announcement continue to apply and have not materially changed.
  • 10 Hot Chili Limited is not aware of political, environmental or other risks that could materially affect the potential development of the Mineral Resources.

Parks Associates: 42% of US Internet Households Own a Smart Home Device

Retrieved on: 
Tuesday, December 5, 2023
Alarm.com, SmartThings, Lighting, Research, GM, Safety, CES, Internet of things, Universal Electronics, Associate, British Parking Association, AIG, Chamberlain Group, CMO, Internet, ADT, Peter Ivany, Cox Communications, Consumer electronics, DALLAS

DALLAS, Dec. 5, 2023 /PRNewswire/ -- Parks Associates will host CONNECTIONS™ Summit at CES in Las Vegas on January 9, featuring its latest consumer research along insight from leading players in the smart home, including Google, ADT, SmartThings, and more. The research firm's latest research finds 72% of recent smart home buyers purchased two or more devices in the past 12 months and now 42% of US internet households have at least one device.

Key Points: 
  • The research firm's latest research finds 72% of recent smart home buyers purchased two or more devices in the past 12 months and now 42% of US internet households have at least one device.
  • The 18th annual CONNECTIONS™ Summit at CES take place at the Venetian, January 9, 9 am-5:30 pm.
  • "Smart home companies continue to bundle cross-category devices and services to enhance their offering and expand revenue opportunities," said Elizabeth Parks , President and CMO, Parks Associates.
  • Core smart home devices include smart security, safety, energy, lighting, and water devices and smart appliances."